CALIFORNIA
San Francisco (City and County)
Jun 22, 2017 $412,355,000
Certificates of Participation, Series 2017B (Moscone Convention Center Expansion Project) (book entry).
Dated Jul 6, 2017.
Due Apr 1, 2019 to 2042.
Callable Oct 1, 2025 at par.
Winning bid: BA Merrill Lynch, at 108.3398, TIC 3.3298%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 4/1/2019 | $9,805,000 | 5.00% | 1.06% | ||
| 4/1/2020 | $10,295,000 | 5.00% | 1.18% | ||
| 4/1/2021 | $10,810,000 | 5.00% | 1.26% | ||
| 4/1/2022 | $11,355,000 | 5.00% | 1.40% | ||
| 4/1/2023 | $11,920,000 | 5.00% | 1.54% | ||
| 4/1/2024 | $12,515,000 | 5.00% | 1.67% | ||
| 4/1/2025 | $13,140,000 | 5.00% | 1.82% | ||
| 4/1/2026 | $13,800,000 | 5.00% | 2.02% | ||
| 4/1/2027 | $14,490,000 | 5.00% | 2.14% | ||
| 4/1/2028 | $15,215,000 | 5.00% | 2.28% | ||
| 4/1/2029 | $15,975,000 | 5.00% | 2.40% | ||
| 4/1/2030 | $16,775,000 | 4.00% | 2.77% | ||
| 4/1/2031 | $17,445,000 | 3.00% | 3.08% | ||
| 4/1/2032 | $17,965,000 | 3.00% | 3.13% | ||
| 4/1/2033 | $18,505,000 | 4.00% | 3.10% | ||
| 4/1/2034 | $19,245,000 | 3.25% | 3.26% | ||
| 4/1/2035 | $19,870,000 | 4.00% | 3.21% | ||
| 4/1/2036 | $20,665,000 | 4.00% | 3.25% | ||
| 4/1/2037 | $21,495,000 | 4.00% | 3.26% | ||
| 4/1/2038 | $22,355,000 | 4.00% | 3.28% | ||
| 4/1/2042 | $98,715,000 | 4.00% | 3.44% |
L.O.: Orrick, Herrington & Sutcliffe, San Francisco, CA.
F.A.: Backstrom McCarley Berry & Co., LLC, San Francisco, CA; and Montague DeRose & Associates, Walnut Creek, CA.
Other bidders were:
Citigroup, TIC 3.3298%
Wells Fargo Secs, TIC 3.347%
JPMorgan, TIC 3.4009%
KENTUCKY
Harlan Independent School District Finance Corporation
Jun 22, 2017 $1,025,000
School Building Refunding Revenue Bonds, Series of 2017 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Jul 11, 2017.
Due Aug 1, 2017 to 2026.
Non-callable.
Winning bid: J.J.B. Hilliard, at 99.2821, NIC 2.2212%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 8/1/2017 | $95,000 | 2.00% | 1.00% | ||
| 8/1/2018 | $95,000 | 2.00% | 1.10% | ||
| 8/1/2019 | $100,000 | 2.00% | 1.30% | ||
| 8/1/2020 | $105,000 | 2.00% | 1.50% | ||
| 8/1/2021 | $105,000 | 2.00% | 1.70% | ||
| 8/1/2022 | $110,000 | 2.00% | 1.90% | ||
| 8/1/2023 | $110,000 | 2.00% | 2.00% | ||
| 8/1/2024 | $110,000 | 2.00% | 2.10% | ||
| 8/1/2025 | $115,000 | 2.13% | 2.20% | ||
| 8/1/2026 | $80,000 | 2.25% | 2.30% |
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: First Kentucky Securities Corp., Lexington, KY.
Other bidders were:
Ross Sinclaire, NIC 2.2617%
Stifel Nicolaus, NIC 2.4355%
MASSACHUSETTS
Webster (Town)
Jun 23, 2017 $664,600
General Obligation Bond Anticipation Notes (renewals) (bank qualified).
Dated Jun 23, 2017.
Due Jun 22, 2018.
Purchased $664,600.00 by UniBank Fiscal Adv, at 1.3%, effective rate 1.3%.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Easthampton Svgs Bk, Effective Rate 1.35%
Century Bk, Effective Rate 1.4%
Eastern Bk Cap Mkts, Effective Rate 1.45%
MISSOURI
Jackson County Consolidated School District No. 4
Jun 22, 2017 $5,000,000
General Obligation Bonds, Series 2017 (Missouri Direct Deposit Program) (bank qualified) (book entry).
Dated Jul 11, 2017.
Due Mar 1, 2026 to 2032.
Callable Mar 1, 2022 at par.
Winning bid: Stifel Nicolaus, at 99.4038, TIC 2.6584%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 3/1/2026 | $675,000 | 2.20% | 2.15% | ||
| 3/1/2027 | $675,000 | 2.30% | 2.25% | ||
| 3/1/2028 | $700,000 | 2.45% | 2.40% | ||
| 3/1/2029 | $700,000 | 2.55% | 2.50% | ||
| 3/1/2030 | $725,000 | 2.70% | 2.65% | ||
| 3/1/2031 | $750,000 | 2.80% | 2.75% | ||
| 3/1/2032 | $775,000 | 2.88% | 2.85% |
L.O.: Fields & Brown, Kansas City, MO.
F.A.: L.J. Hart & Company, St. Louis, MO.
Other bidders were:
UMB Bank, TIC 2.6909%
First Bankers' Banc, TIC 2.8088%
FTN Fin Cap Mkts, TIC 2.8567%
Robert W. Baird, TIC 2.8858%
TEXAS
East Central Independent School District
Jun 22, 2017 $42,410,000
Unlimited Tax School Building Bonds, Series 2017 (book entry).
Dated Jul 1, 2017.
Due Aug 15, 2018 to 2042.
Callable Aug 15, 2026 at par.
Winning bid: Wells Fargo Secs, at 101.5196, TIC 3.11%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 8/15/2018 | $990,000 | 4.00% | 0.93% | PSF | |
| 8/15/2019 | $1,130,000 | 4.00% | 1.07% | PSF | |
| 8/15/2020 | $1,175,000 | 4.00% | 1.17% | PSF | |
| 8/15/2021 | $1,225,000 | 4.00% | 1.28% | PSF | |
| 8/15/2022 | $1,275,000 | 4.00% | 1.41% | PSF | |
| 8/15/2023 | $1,325,000 | 4.00% | 1.55% | PSF | |
| 8/15/2024 | $1,375,000 | 4.00% | 1.67% | PSF | |
| 8/15/2025 | $1,430,000 | 4.00% | 1.82% | PSF | |
| 8/15/2026 | $1,490,000 | 4.00% | 1.99% | PSF | |
| 8/15/2027 | $1,550,000 | 2.00% | 2.14% | PSF | |
| 8/15/2028 | $1,580,000 | 3.00% | 2.38% | PSF | |
| 8/15/2029 | $1,630,000 | 3.00% | 2.58% | PSF | |
| 8/15/2030 | $1,675,000 | 3.00% | 2.71% | PSF | |
| 8/15/2031 | $1,725,000 | 3.00% | 2.79% | PSF | |
| 8/15/2032 | $1,780,000 | 3.00% | 2.96% | PSF | |
| 8/15/2033 | $1,830,000 | 3.00% | 3.04% | PSF | |
| 8/15/2034 | $1,885,000 | 3.00% | 3.10% | PSF | |
| 8/15/2035 | $1,945,000 | 3.00% | 3.14% | PSF | |
| 8/15/2036 | $2,000,000 | 3.00% | 3.18% | PSF | |
| 8/15/2037 | $2,060,000 | 3.00% | 3.21% | PSF | |
| 8/15/2038 | $2,125,000 | 3.13% | 3.29% | PSF | |
| 8/15/2039 | $2,190,000 | 3.25% | 3.36% | PSF | |
| 8/15/2040 | $2,260,000 | 3.50% | 3.42% | PSF | |
| 8/15/2041 | $2,340,000 | 3.50% | 3.43% | PSF | |
| 8/15/2042 | $2,420,000 | 3.50% | 3.44% | PSF |
L.O.: Norton Rose Fulbright US LLP, San Antonio, TX; and State Attorney General.
F.A.: Frost Bank Capital Markets, San Antonio, TX.
Other bidders were:
RBC Capital Mkts, TIC 3.1466%
BA Merrill Lynch, TIC 3.191%
Robert W. Baird, TIC 3.2452%
Piper Jaffray, TIC 3.248%
Citigroup, TIC 3.2633%
Hilltop Securities, TIC 3.2697%
Raymond James, TIC 3.2798%